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Showing 2 mortgage lenders in Hazel Park, MI
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
New Horizons Home Finance
23754 Vassar Ave, Hazel Park, MI 48030
2487100707
PNC Mortgage
22711 S Chrysler Dr, Hazel Park, MI 48030
2486913892
What Does a Mortgage Lender in Hazel Park Cost?
Typical costs for a mortgage lender in Michigan include an origination fee of 0.5% to 1% of the loan amount, appraisal fees of $400 to $700, and title insurance of $500 to $1,500. Closing costs in Michigan generally range from 2% to 5% of the purchase price. Costs vary by loan type, lender, and property value. This is general information, not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What documents do I need to apply for a mortgage in Hazel Park?
You typically need pay stubs, tax returns, bank statements, and photo ID. Michigan lenders also require a property appraisal and title search before closing.
How long does the mortgage process take in Michigan?
The process usually takes 30 to 45 days from application to closing. Michigan law requires a three day rescission period for refinances after closing documents are signed.
Are there special loan programs for first time buyers in Michigan?
Yes, the Michigan State Housing Development Authority offers down payment assistance and low interest loans for eligible first time buyers in Hazel Park. These programs have income and purchase price limits.